Strategies & Tactics

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Q. 1.) What are companies doing as far as employee work location. Are they allowing full remote, hybrid or onsite work for employees. What are they offering? 2.) If they allow remote or hybrid work… Read More
Q. 1. What do you do in your organization about professional development for your AR team? 2. How do you assess and determine areas in need of improvement, and do you find members of your team to be… Read More
The art of turning sales calls and handshakes into real cash flow depends on more than just one perfect invoice. The Accounts Receivable Manager for an automotive parts manufacturer discovered that… Read More
Collaborating with key stakeholders—both inside and outside the organization—is beneficial when planning improvement activities, designing new processes and procedures, implementing new… Read More
Q. I have a bit of an unusual request. I have been working on the team structure and titles for my team. Until a few years ago, we had one department drafting and entering contracts (MSA, SOW )… Read More
In an effort to get a better understanding of AR and how well it interacts with other departments, we asked IOFM’s Senior Trainer Judy Bicking to share her experiences. We explored three different… Read More
Even in normal business conditions, Accounts Receivable often has an uphill battle getting paid. Late payments, incorrect payments, discounts taken but not earned—all of these are everyday problems… Read More
Q. I would like to see if other members would like to share their stats for the metrics listed below as well as their team structure. Stats: Total invoices (count) Invoices requiring a PO… Read More
As the threat of coronavirus spreads and people are being cautioned to “social distance” themselves from one another, a work-from-home strategy is being mandated by many organizations. While AP… Read More
One universal truth is that your job will be easier if you can make your boss look good to her boss. For most of us in AR, that means understanding what makes your CFO tick. What Do CFOs Care… Read More

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